BI Excellence Survey
A recent Teradata-sponsored
survey, conducted by IDC found that in spite of the increasing number
of companies implementing BI, the key to its ROI is the excellence
in the company at using business intelligence. Findings revealed
that only about 200 of the 1,072 companies excelled in their use
of business intelligence.
The following tables highlight key survey comments, with "Leaders"
scored four or five on a five-point scale in their use of BI, datawarehousing
and analytics, and had a very high satisfaction with their current
business intelligence solution. This was well above the average.
The differences between companies that use BI well, and those whose
use is average at best is revealed below:
1. Business intelligence leaders are more adept than market-average
companies at using real-time information.
| |
Leaders |
Market Av. |
| Availability of data for decision-making
has increased significantly. |
67% |
33% |
| Ability to take action on real-time
data is excellent. |
54% |
13% |
2. Leaders make integrating unstructured data into decision-making
a priority.
| |
Leaders |
Market Av. |
| Using unstructured data is a priority. |
53% |
21% |
3. Leaders are more likely to give BI-tool access to people
outside the organization and to front-line staff.
| |
Leaders |
Market Av. |
| Customers have access to business
intelligence. |
47% |
24% |
| Front-line staff has access to business
intelligence. |
78% |
54% |
4. Management in BI-excelling companies makes business intelligence
a greater priority than does management in market-average companies.
| |
Leaders |
Market Av. |
| Management has an excellent understanding
of the need to invest in BI. |
66% |
15% |
| Business intelligence is the number-one
IT initiative in our company. |
31% |
8% |
5. Leaders put a greater emphasis on measuring business intelligence's
value.
| |
Leaders |
Market Av. |
| Companies measure the ROI of business
intelligence. |
88% |
58% |
6. Leaders rely heavily on BI.
| |
Leaders |
Market Av. |
| My organization would experience an
"immediate" negative impact if our business intelligence systems
went down. |
23% |
10% |
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